Find the Right Juneau Mortgage Attorney

Mortgages Explained

In Juneau, Alaska, a mortgage is a loan given to buy a particular piece of property - usually a house - with the property being purchased with the loan serving as collateral for that same loan.

Taking out a mortgage and buying a house is not a decision to make lightly. However, mortgages serve some very useful purposes. Because houses are so expensive, it's impossible for most people to buy them by paying the full price upfront. A mortgage ensures that the seller gets paid immediately, and that the buyer is able to pay the purchase price over a long period of time, in manageable installments.

When you buy anything with an interest-bearing loan, you will, of course, be paying more than the actual purchase price when all is said and done. After all, lenders are businesses, and seek to make a profit in exchange for a service they provide. They provide financing for the purchase of the home, and, in return, they are repaid the purchase price, plus interest.

However, many people who buy their homes with a mortgage find this extra long-term cost to be worth it, since a mortgage might be their only way to buy a home.

Getting a Mortgage in Juneau, Alaska

Getting a Mortgage in Juneau, Alaska isn't always easy. The most important factor in convincing a bank to lend you money is having a good credit history. This shows the lender that you pay your debts on time, and indicates that you are a lower risk. Besides getting you over the threshold of obtaining a loan, having exceptionally-good credit could result in a lower interest rate, as well.

Many banks or other lending institutions will need a down payment before issuing a mortgage. While it is typically not a huge sum of money, it's often substantial, and represents a percentage of the purchase price. It's important that you have more than enough money saved up and set aside to make this down payment. This will make the process much less stressful, since it should prevent the payment from putting too much of a dent in your budget.

You also need to be realistic about your budget. The fact that you're buying a house that you don't have to immediately pay for can tempt some people into taking on more debt than they can oversee. You need to make a full accounting of what the house is likely to cost, including the cost of the mortgage payments, property taxes, repairs and maintenance, and other fees.

When you have researched the issues thoroughly, the time to complete the mortgage agreement. When this happens, the deal is pretty much final, and cannot be undone. Therefore, you should make sure you know exactly what you're getting into before you reach this point.

Can a Juneau, Alaska Real Estate Attorney help?

Buying a home is not a decision to be made lightly. It is necessary to obtain competent legal and financial advice before purchasing a home. To that end, a knowledgeable Juneau, Alaska real estate attorney should be consulted.

5*****Joel W.
by
Kristen B. ,
12/14/2014He is very helpful and understanding. Recommend this lawyer to anyone who needs help with probate issues.

5*****Joel W.
by
Robin W. ,
07/23/2010Mr. W. has been great. We are now almost finished with my case. He has been very knowledgeable of my legal options, professional in his dealings with me, other family members/friends and the court, and he has been very considerate about trying to minimize the legal fees in my case. I'm usually very skeptical about attorneys, but Mr. W. has opened my eyes to what it's like to work with a ethical, professional, competent and considerate attorney. He always returns my telephone calls or emails the same day, keeps me regularly updated on my case and has made several suggested that have saved me a lot of money in legal fees and costs. I have recommended him to several friends and my sister, and each of them have told me how wonderful he has been in assisting them with their cases.

5*****Joel W.
by
David W. ,
10/19/2009Mr. W. was very professional and really understood probate law. In addition to being knowledgeable about probate law, he genuinely seemed interested in me personally and how I was doing during this very difficult time for me after my mother passed away. I would highly recommend him to anyone who has to deal with the probate of a friend or loved one.

5*****Joel W.
by
Donald C. ,
01/12/2006Mr. W. seems to be a very competent lawyer who has really helped me understand my estate planning needs. In only a couple of days, he has already met with me and prepared all of my estate documents. Great service at a very reasonable cost!

5*****Joel W.
by
Gwin P. ,
01/12/2006Although we haven't got it all settled as of this date (9/10/2005) Joel charged what he said he would charge and took our case over so that we didn't have to worry about anything.

5*****Joel W.
by
Jim P. ,
01/12/2006Mr. W. has been very professional and courtesy regarding my difficult situation. He has been patient with me, and has provided me with very helpful information regarding my case, while also providing me with specific steps I need to take to resolve my dispute. He also seems very conscious of keeping my costs to a reasonable amount. I look forward to working with him further.

5*****Joel W.
by
Liz Z. ,
01/12/2006Intend to have an ongoing business relationship.

5*****Joel W.
by
Maureen B. ,
01/12/2006I am so very pleased with the outstanding association
I had with Joel W.. He went way out of his way to
help me. He could not have been more professional and
considerate of my situation. Because I couldn't get to his offic, he met me here to finalize my will. I am
completely satisfied with his work and would certainly
recommend him to a friend.

5*****Joel W.
by
Paula W. ,
01/12/2006Although my case is still open as it is not the ordinary I wanted to go ahead and rate Joel. He was a godsend to me and I cannot believe how awesome he has been. It is so nice that for once I have someone watching out for my interests other than myself. Thank you and thank him!! I cannot say enough good things about him. He is incredible and I honestly wish he could just work ALL areas of the law!!!! I had been on the net prior and did not find your web site so when I did come across it I figured I had nothing to lose and he responded promptly and he has given me a whole new respect for lawyers. Thank you, thank you!!!!!

5*****Joel W.
by
Tabitha M. ,
01/12/2006Mr. W. is extremely professional and knowledgeable in this area of the law. I was very impressed with the work that he did for me. His rates are fair, he got back to me in a timely fashion, and I feel that the amount of service and advice I received from his firm was worth much more than what I paid. I would not hesitate to use Mr. W. again in the future or recommend him to my friends.

4****Joel W.
by
Kristin H. ,
01/12/2006I was very impress with Mr. W.. He walked me through the process and gave me different scenerios that could help me with any decision.